The pair is currently trading above the moving averages, which suggests a potential bullish bias in the market. However, I notice a divergence on the indicator, which indicates a possible decline in the near term. Since the price is still above the...
Market Analysis Overview In the daily chart analysis, the wave structure is showing an upward trend. The MACD indicator is also in the upper zone and growing above its signal line. Since the beginning of March, prices have surged upwards...
AUD/USD Market Update – March 16, 2025 The Australian Dollar is gaining momentum against the US Dollar, with the pair trading at 0.63225, reflecting a 0.62% increase. This movement highlights a short-term bullish trend in the market. Here’s a...
The EUR/GBP pair has experienced a rebound, reversing the losses of the previous two trading sessions to hover around the 0.8380 level in early European transactions. This upward movement was largely influenced by the release of GDP data from the...
AUD USD general point As of March 16, 2025, the Australian Dollar (AUD) is trading against the US Dollar (USD) at approximately 0.6585. Technical Analysis and Forecast: Recent technical indicators present a mixed outlook for the AUD/USD pair. The...
